Corporate Pension Operations Associate job at Britam
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417 Days Ago
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Vacancy title:
Corporate Pension Operations Associate

[ Type: FULL TIME , Industry: Banking , Category: Accounting & Finance ]

Jobs at:


Deadline of this Job:
01 November 2022  

Duty Station:
Within Kenya , Nairobi , East Africa

Date Posted: Tuesday, October 18, 2022 , Base Salary: Not Disclosed

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Corporate Pension Operations Associate

Job Purpose
Undertake pension administration activities to support the achievement of the business unit plan.

Key Responsibilities
• Updating and reconciling pension collections and payments from all channels (Banks, M-Pesa, DDA).
• Posting member contributions.
• Suspense management in all pension collections and payments accounts. Data cleaning and verification for new schemes loading and monthly updates
• Administering and management of the Managed Retirement Funds [MRF]
• Constantly liaising with service providers such as scheme custodians, Finance department and investment managers to ensure that set timelines are achieved in relation to compensation of member benefits,
• Carrying out statutory compliance of pension schemes with both the Retirement Benefits Authority (RBA) and Kenya Revenue Authority (KRA)
• Maintaining records of contributing members, deferred and current pensioners, provision of annual statements, registration of Scheme with Retirement Benefits Authority (RBA) and Income Tax (KRA)
• Process payment transactions on the Administration system (Fund Master) and through any other channel.
• Reconciliation of all payments transactions
• Prepare reports on pension payments.
• Perform any other duties as may be assigned from time to time

Key Performance Measures
• As described in your Personal Score Card
• Bachelor’s Degree in business related field
• Professional qualification in Accounting (CPA, ACCA etc.)
• At least 1 year of experience in a similar position and 2-4 years of relevant experience in the insurance industry.
• Conversant with excel reporting.

Work Hours: 8

Experience in Months: 12

Level of Education:
Bachelor Degree

Job application procedure

Interested and qualified? Click here to apply

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Job Info
Job Category: Accounting/ Finance jobs in Kenya
Job Type: Full-time
Deadline of this Job: 01 November 2022
Duty Station: Nairobi
Posted: 18-10-2022
No of Jobs: 1
Start Publishing: 18-10-2022
Stop Publishing (Put date of 2030): 18-10-2066
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